Machinists, Lodge 1720
Basic Information
Local 1720
Financial Information
The Labor-Management Reporting and Disclosure Act (LMRDA), which is enforced by the Office of Labor-Management Standards, requires labor unions to file annual reports detailing their operations. Contained in those reports are breakdowns of each union's spending, income and other financial information.
Basic Financials
| Total Assets | $519,619 |
| Total Liabilities | $0 |
| Total Income | $154,643 |
| Total Spent | $114,824 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $180,403 (+28.3%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $260,925 (-16.0%) |
| Fixed Assets | $71,133 (-16.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $7,158 (+64.7%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $101,926 |
| Per Person Tax | $0 |
| Investments | $36,175 |
| Supplies | $0 |
| Loan Repayment | $0 |
| Interest | $473 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $1,536 |
| Loans Obtained | $0 |
| Other Receipts | $14,533 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $0 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Spending
The Office of Labor-Management Standards (OLMS) requires unions to report how they spent their money in a number of categories. For the first five, OLMS requires unions to provide detailed information on any recipient that received more than $5,000 per year.
Total Spent in 2022
$114,824
Spending Overview
Spending Breakdown
| Representational | $0 (0.00%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $11,480 (10.00%) |
| General Overhead | $0 (0.00%) |
| Union Administration | $0 (0.00%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $30,985 (26.98%) |
| To Union Employees | $28,043 (24.42%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Membership
Total Members
235
Income per Member
$658
Dues (per MONTH)
VARIES
Membership Trend
| Year | Members |
|---|---|
| 2002 | 353 |
| 2003 | 350 |
| 2004 | 345 |
| 2005 | 343 |
| 2006 | 340 |
| 2007 | 334 |
| 2008 | 332 |
| 2009 | 321 |
| 2010 | 314 |
| 2011 | 311 |
| 2012 | 323 |
| 2013 | 318 |
| 2014 | 316 |
| 2015 | 330 |
| 2016 | 328 |
| 2017 | 337 |
| 2018 | 326 |
| 2019 | 551 |
| 2020 | 308 |
| 2021 | 278 |
| 2022 | 235 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$4,625
Total Employees
8
Employees Making more than $75,000
0
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| BARRY REED | SECRETARY TREASURER | $10,386 |
| LANCE PHELPS | TRUSTEE | $7,664 |
| DARREN MOORE | PRESIDENT | $6,434 |
| REX GREENFIELD | VICE PRESIDENT | $4,360 |
| JONATHAN NOLES | RECORDING SECRETARY | $4,059 |
| JOSEPH LUKSIC | CONDUCTOR | $1,632 |
| BRYCE RODGERS | TRUSTEE | $1,355 |
| MENA ATKINSON | TRUSTEE | $1,109 |
Source: Office of Labor Management Standards
Year Covered: 2022 • Last Updated: June 12th, 2023